On the recordJanuary 6, 2015
What was said by the Budget Committee chairman is not correct. This is not about more information. This is a requirement that these official cost estimates really be part of the enforcement of the budget resolution. So what this is, in a few words: Republicans today are extending their embrace of voodoo economics by wrapping their arms around voodoo score keeping. Again, it is not about more information. It is being able to cook the books to implement their long-held discredited notion that tax cuts pay for themselves. I think the former Reagan and George H.W. Bush administration official Bruce Bartlett said it best: It is not about honest revenue estimating. It is about using smoke and mirrors to institutionalize Republican ideology in the budget process. Mr. Speaker, that is what this is all about.
